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LayerZero Labs Purchases $10m of ZRO for its Balance Sheet

Twitter icon  •  Published 1개월 전 on November 10, 2025  •  Hassan Maishera

On Friday, the LayerZero team announced via X that LayerZero Labs has purchased $10m of ZRO for its balance sheet.

LayerZero Labs Purchases $10m of ZRO for its Balance Sheet

On Friday, the LayerZero team announced via X that LayerZero Labs has purchased $10m of ZRO for its balance sheet. LayerZero Labs made this acquisition as it believes ZRO is currently one of the most mispriced assets in the world.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $1.698, up 1.8% in the last 24 hours. 

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.